HOSE:VAF Income Statement

Financials in millions VND. Fiscal year is January - December.

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2015	FY 2014
Period Ending	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014
Revenue	1,613,908	1,220,273	1,001,606	956,798	929,122
Revenue Growth (YoY)	32.26%	21.83%	4.68%	2.98%	-3.18%
Cost of Revenue	1,205,236	940,067	752,313	722,026	713,894
Gross Profit	408,671	280,206	249,293	234,772	215,228
Selling, General & Admin	214,612	206,831	196,409	162,181	141,299
Operating Expenses	214,612	206,831	196,409	162,181	141,299
Operating Income	194,059	73,375	52,884	72,591	73,929
Interest Expense	-73.51	-89.53	-1,589	-	-
Interest & Investment Income	20,384	5,495	4,448	11,014	16,954
Currency Exchange Gain (Loss)	-49.58	56.36	-255.54	17.37	-25.23
Other Non Operating Income (Expenses)	-478.47	607.97	1,257	-44.98	18,388
EBT Excluding Unusual Items	213,841	79,444	56,744	83,577	109,245
Gain (Loss) on Sale of Investments	-888.5	-2,374	-	-	-
Gain (Loss) on Sale of Assets	218.01	-	19,284	-	-
Asset Writedown	-	11,863	-	-	-
Pretax Income	213,171	88,933	76,028	83,577	109,245
Income Tax Expense	42,751	17,987	12,831	18,387	24,034
Net Income	170,420	70,946	63,198	65,190	85,211
Net Income to Common	170,420	70,946	63,198	65,190	85,211
Net Income Growth	140.21%	12.26%	-3.06%	-23.50%	1.79%
Shares Outstanding (Basic)	38	38	38	38	38
Shares Outstanding (Diluted)	38	38	38	38	38
EPS (Basic)	4524.59	1883.59	1677.87	1730.76	2262.30
EPS (Diluted)	4524.59	1883.59	1677.87	1730.76	2262.30
EPS Growth	140.21%	12.26%	-3.06%	-23.50%	1.79%
Free Cash Flow	7,694	512,668	-21,248	-52,336	36,167
Free Cash Flow Per Share	204.27	13611.13	-564.14	-1389.50	960.22
Dividend Per Share	-	1000.000	-	-	-
Gross Margin	25.32%	22.96%	24.89%	24.54%	23.16%
Operating Margin	12.02%	6.01%	5.28%	7.59%	7.96%
Profit Margin	10.56%	5.81%	6.31%	6.81%	9.17%
Free Cash Flow Margin	0.48%	42.01%	-2.12%	-5.47%	3.89%
EBITDA	196,762	76,972	57,030	78,418	80,082
EBITDA Margin	12.19%	6.31%	5.69%	8.20%	8.62%
D&A For EBITDA	2,703	3,597	4,146	5,828	6,153
EBIT	194,059	73,375	52,884	72,591	73,929
EBIT Margin	12.02%	6.01%	5.28%	7.59%	7.96%
Effective Tax Rate	20.05%	20.23%	16.88%	22.00%	22.00%
Revenue as Reported	1,613,908	1,220,273	1,001,606	956,801	929,122

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.